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You are here: Home / Blog / Market Trends

Report: Home prices up 7 percent nationwide

April 30, 2018

If you own a home, chances are good that your wealth has gone up a few notches in the past year. The most recent Home Price Index Report from CoreLogic, finds that home prices were up 7 percent from March 2017 to March 2018.

According to an April 2017 article from the National Association of Realtors, the median home price in March 2017 was $236,400. This means the average homeowner has gained nearly $17,000 in wealth from their homes over the past year. The major increases in home values are due, in large part, to an inventory shortage across the country which is creating serious competition and driving up home prices.

But this seller’s market can’t last forever, and most experts predict the increase in home values will slow in the upcoming year. So if you’ve been thinking about selling, now is the time to make a move and put your home on the market. With your property’s increased value and a still-hypercompetitive environment, now’s a good time to fetch top dollar for your home.

Filed Under: Market Trends Tagged With: Home Prices

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"Russ was impressive from the first moment we met him. We were looking at a property in a complex where he just happened to be previewing a unit. We asked if he was a real estate agent and he dropped what he was doing to show us some properties in the same complex. From that moment forward he was attentive, responsive and showed us that he knew the area and was helpful in looking for the right property for us. He got us through the process with ease and even went the extra mile in the offer process to make sure we made the best effort to secure our choice. Can’t say enough about him. Russ is truly a professional in the best sense of the word. "
- M. L., Green Valley AZ
"Or home buying process took about 5 months and Russ was there for us the whole time. Never pushy always ready with advice and options. When we finally found the perfect place he was always on top of every detail and kept us informed and prepared for each step. Russ provides an extraordinary real estate experience for his clients. Professional, knowledgeable and ready to answer all our questions honestly and quickly. He was a joy to work with."
- D.H., Green Valley AZ
"It’s hard to know where to start. Russ walked on water for us. He must memorize every listing the morning it lists. He knew exactly what we wanted and found our perfect house the morning it came on the market. We came from northern Washington and had already checked several other communities before deciding on this area, and Russ refined our search to meet our needs. Russ was prompt, quick to respond to our phone calls, always kept us in the loop, and just a pleasure to work with. He was on top of every detail and brought us to closing a day early. Yay Russ!"
- C. C., Sahuarita AZ
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Russ Fortuno, Associate Broker

I'm a Southern Arizona native and year-round Green Valley resident. Whether you’re buying or selling a home in the Green Valley or Sahuarita area, you’ll experience unsurpassed service and professionalism at all stages of your real estate transaction. I welcome the opportunity to assist in your next home sale or purchase.
Meet Russ

Tierra Antigua Realty

18745 S. I-19 Frontage Rd., Ste. A105
Green Valley, AZ 85614
(520) 333-0446
Contact Russ

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